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$1.6M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
93%
Lot Size
40.22 ac
Discover 40.22 acres of private, highly usable riverfront land in the scenic Blaeberry area 15-20 mins from Golden. An established 1.3-km trail winds through mixed forest from Kettleston Rd to the dramatic Blaeberry River canyon, with opportunities for hiking, biking & cross-country skiing. Several potential building sites are located throughout the property, including an exceptional site near the crest of the slope with panoramic views of Mt Hedberg, Moberly Peak & the surrounding mtns. A 6,000-square-ft shop near the front of the property features insulated walls, roof & concrete floor, metal cladding inside & out, a large open workspace (70 x 60) + multiple storage rooms & a second-level mezzanine. The property has 2 200-amp electrical services—one for the shop & one ready for future development. Water is supplied by 2 1750 gallon water tanks & there is currently no septic system. Potential to drill a well but for now water delivery is affordable & easy to organize. With no local zoning bylaw presently in place, the acreage may offer potential for subdivision into approx. 2.5-acre lots, a recreation-oriented commercial venture or a small outdoor resort with cabins, glamping tents, geodomes, bunkies, RV sites, etc. The shop would be a nice perk, offering guest workspace, storage and/or event-hosting space. Combining usable land, privacy, outstanding recreation and convenient access to Golden, this is a rare opportunity in one of the Columbia Valley’s most scenic settings. (id:66811)
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Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$-3K
Cash-on-cash
-0.68%
DSCR
0.96
Going-in cap
5.34%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
113,408
Households
47,182
Median income
$81,500
Median age
43.7
Daytime population
140,006
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2434 Kettleston Road, Golden.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.